Annual Report 2020

China Merchants China Direct Investments Limited Annual Report 2020 132 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2020 22. STATEMENT OF FINANCIAL POSITION OF THE COMPANY 2020 2019 Notes US$ US$ Non-current assets Investments in subsidiaries 44,840,372 44,840,375 Financial assets at fair value through profit or loss 103,595,705 84,288,539 Amounts due from subsidiaries 51,717,268 49,707,072 200,153,345 178,835,986 Current assets Amounts due from subsidiaries 81,886,374 55,986,283 Other receivables and prepayments 1,766,000 990,557 Cash and cash equivalents 14,928,142 22,549,438 98,580,516 79,526,278 Current liabilities Amounts due to subsidiaries 14,213,054 12,380,881 Other payables 13,458,527 3,532,766 Taxation payable 2,333,818 1,266,388 30,005,399 17,180,035 Net current assets 68,575,117 62,346,243 Total assets less current liabilities 268,728,462 241,182,229 Non-current liabilities Financial liabilities designated at fair value through profit or loss 1,461,857 1,190,048 Deferred taxation 8,829,697 6,898,980 10,291,554 8,089,028 Net assets 258,436,908 233,093,201 Capital and reserves Share capital 23 139,348,785 139,348,785 Reserves 24 119,088,123 93,744,416 Equity attributable to owners of the Company 258,436,908 233,093,201 Mr. WANG Xiaoding Mr. TSE Yue Kit Director Director